12.6 C
Hamburg
Saturday, May 17, 2025
Home CN Premium Articles Maritime unimpressed by USTR’s fee regime

Maritime unimpressed by USTR’s fee regime

Carrier representatives and analysts remain unimpressed with the US Trade Representative’s (USTR’s) announcement to levy charges on Chinese-built or operated vessels according to their size as measured by net tonnage.

The World Shipping Council (WSC) argued that US exporters would be particularly hard hit by the fees, while adding that calculating fees on a net tonnage basis would penalise the larger, more efficient ships, raising the cost of shipping as a result.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!





Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!